Somalia - Gross national expenditure

Gross national expenditure (current LCU)

The value for Gross national expenditure (current LCU) in Somalia was 2,224,850,000,000 as of 1990. As the graph below shows, over the past 30 years this indicator reached a maximum value of 2,224,850,000,000 in 1990 and a minimum value of 1,346,100,000 in 1960.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year

Value

1960

1,346,100,000

1961

1,466,000,000

1962

1,667,800,000

1963

1,699,900,000

1964

1,876,500,000

1965

1,801,600,000

1966

1,978,400,000

1967

2,108,300,000

1968

2,183,700,000

1969

2,308,801,000

1970

2,376,200,000

1971

2,517,299,000

1972

3,050,300,000

1973

3,597,899,000

1974

3,606,400,000

1975

5,120,003,000

1976

5,783,601,000

1977

9,560,002,000

1978

10,657,000,000

1979

13,607,000,000

1980

26,980,000,000

1981

31,653,000,000

1982

41,353,010,000

1983

52,255,000,000

1984

91,295,990,000

1985

98,696,510,000

1986

147,603,000,000

1987

209,300,000,000

1988

333,191,000,000

1989

767,684,000,000

1990

2,224,850,000,000

Gross national expenditure (constant LCU)

The value for Gross national expenditure (constant LCU) in Somalia was 122,277,000,000 as of 1989. As the graph below shows, over the past 29 years this indicator reached a maximum value of 124,061,000,000 in 1987 and a minimum value of 44,564,300,000 in 1965.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year

Value

1960

48,491,990,000

1961

47,372,890,000

1962

54,327,690,000

1963

53,410,190,000

1964

51,809,490,000

1965

44,564,300,000

1966

50,627,700,000

1967

53,286,600,000

1968

54,314,300,000

1969

53,628,690,000

1970

55,865,100,000

1971

59,148,590,000

1972

60,940,500,000

1973

63,364,900,000

1974

54,823,000,000

1975

70,597,620,000

1976

72,045,590,000

1977

107,226,000,000

1978

104,835,000,000

1979

110,587,000,000

1980

105,574,000,000

1981

110,468,000,000

1982

119,598,000,000

1983

113,701,000,000

1984

116,079,000,000

1985

98,697,500,000

1986

122,357,000,000

1987

124,061,000,000

1988

112,148,000,000

1989

122,277,000,000

Gross national expenditure (% of GDP)

Gross national expenditure (% of GDP) in Somalia was 127.95 as of 1990. Its highest value over the past 30 years was 155.31 in 1980, while its lowest value was 103.49 in 1965.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment).

Source: World Bank national accounts data, and OECD National Accounts data files.